{
  "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm",
  "source_file_sha256": "b6836006abac03a7ab0244b79b968d9bcecde9f49ada9b79be78546d427f541e",
  "review_date": "2026-10-27",
  "units_note": "USD millions unless explicitly stated; growth and margin calculations retain full precision here.",
  "method": "Manual source-table and narrative review, filing text presence checks, independent arithmetic reconciliation. Presence checks alone do not validate column assignment.",
  "figures": [
    {
      "metric": "Revenue",
      "values": {
        "Q2_2025": 787,
        "Q1_2026": 4731,
        "Q2_2026": 11555
      },
      "period": "Three months ended June 30, 2025; March 31, 2026; June 30, 2026. USD millions",
      "source_location": "Quarterly results and reconciliations, pp. 158-161",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Compute and infrastructure",
      "values": {
        "Q2_2025": 1390,
        "Q1_2026": 3387,
        "Q2_2026": 5558
      },
      "period": "Three months ended June 30, 2025; March 31, 2026; June 30, 2026. USD millions",
      "source_location": "Quarterly results and reconciliations, pp. 158-161",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Personnel",
      "values": {
        "Q2_2025": 320,
        "Q1_2026": 1295,
        "Q2_2026": 1857
      },
      "period": "Three months ended June 30, 2025; March 31, 2026; June 30, 2026. USD millions",
      "source_location": "Quarterly results and reconciliations, pp. 158-161",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Sales, marketing, and partnerships",
      "values": {
        "Q2_2025": 96,
        "Q1_2026": 1033,
        "Q2_2026": 2135
      },
      "period": "Three months ended June 30, 2025; March 31, 2026; June 30, 2026. USD millions",
      "source_location": "Quarterly results and reconciliations, pp. 158-161",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Other operating and administrative",
      "values": {
        "Q2_2025": 181,
        "Q1_2026": 683,
        "Q2_2026": 1031
      },
      "period": "Three months ended June 30, 2025; March 31, 2026; June 30, 2026. USD millions",
      "source_location": "Quarterly results and reconciliations, pp. 158-161",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Total operating expenses",
      "values": {
        "Q2_2025": 1987,
        "Q1_2026": 6398,
        "Q2_2026": 10581
      },
      "period": "Three months ended June 30, 2025; March 31, 2026; June 30, 2026. USD millions",
      "source_location": "Quarterly results and reconciliations, pp. 158-161",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Operating income (loss)",
      "values": {
        "Q2_2025": -1200,
        "Q1_2026": -1667,
        "Q2_2026": 974
      },
      "period": "Three months ended June 30, 2025; March 31, 2026; June 30, 2026. USD millions",
      "source_location": "Quarterly results and reconciliations, pp. 158-161",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Net loss",
      "values": {
        "Q2_2025": -6377,
        "Q1_2026": -14439,
        "Q2_2026": -66309
      },
      "period": "Three months ended June 30, 2025; March 31, 2026; June 30, 2026. USD millions",
      "source_location": "Quarterly results and reconciliations, pp. 158-161",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Adjusted operating income (loss), non-GAAP",
      "values": {
        "Q2_2025": -1019,
        "Q1_2026": -617,
        "Q2_2026": 2235
      },
      "period": "Three months ended June 30, 2025; March 31, 2026; June 30, 2026. USD millions",
      "source_location": "Quarterly results and reconciliations, pp. 158-161",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Q2 stock-based compensation",
      "values": 1261,
      "period": "Q2 2026, USD millions",
      "source_location": "p. 161",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Q2 convertible/derivative/SAFE fair-value charge",
      "values": 59597,
      "period": "Q2 2026, USD millions",
      "source_location": "p. 161",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Q2 other mark-to-market adjustment",
      "values": 8432,
      "period": "Q2 2026, USD millions",
      "source_location": "p. 161",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Q2 adjusted net income",
      "values": 2981,
      "period": "Q2 2026, USD millions",
      "source_location": "p. 161",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "H1 revenue",
      "values": 16286,
      "period": "H1 2026, USD millions",
      "source_location": "Statements of operations; MD&A H1 results",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "H1 operating loss",
      "values": -693,
      "period": "H1 2026, USD millions",
      "source_location": "Statements of operations; MD&A H1 results",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "H1 net loss",
      "values": -80748,
      "period": "H1 2026, USD millions",
      "source_location": "Statements of operations; cash flows",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "H1 operating cash flow",
      "values": 3929,
      "period": "H1 2026, USD millions",
      "source_location": "Cash flow statement, pp. F-13-F-14",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "H1 property/equipment purchases",
      "values": 482,
      "period": "H1 2026, USD millions",
      "source_location": "Cash flow statement, pp. F-13-F-14",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "H1 net preferred-stock issuance proceeds",
      "values": 110432,
      "period": "H1 2026, USD millions",
      "source_location": "Cash flow statement, pp. F-13-F-14",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "H1 cost of revenue",
      "values": 2380,
      "period": "H1 2026, USD millions",
      "source_location": "Supplemental functional expenses, p. F-40",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "H1 research and development",
      "values": 9741,
      "period": "H1 2026, USD millions",
      "source_location": "Supplemental functional expenses, p. F-40",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Cash and cash equivalents",
      "values": 112389,
      "period": "As of June 30, 2026, USD millions",
      "source_location": "Balance sheet; Note 8, p. F-37",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Short-term investments",
      "values": 19262,
      "period": "As of June 30, 2026, USD millions",
      "source_location": "Balance sheet",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Restricted cash",
      "values": 2529,
      "period": "As of June 30, 2026, USD millions",
      "source_location": "Note 8, p. F-37",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Fixed/minimum purchase commitments",
      "values": 265.6,
      "period": "As of June 30, 2026, USD billions",
      "source_location": "Note 13, p. F-59",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Not-yet-commenced lease obligations",
      "values": 321.4,
      "period": "As of June 30, 2026, USD billions, undiscounted",
      "source_location": "Note 7, p. F-36",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Remaining performance obligations",
      "values": 10.8,
      "period": "As of June 30, 2026, USD billions",
      "source_location": "Note 2, p. F-27",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Expected RPO recognition share",
      "values": 75,
      "period": "Next 12 months from June 30, 2026, percent, approximate",
      "source_location": "Note 2, p. F-27",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Customers with at least USD100k TTM revenue",
      "values": "more than 6,000",
      "period": "As of June 30, 2026",
      "source_location": "MD&A, p. 149",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Customers with at least USD100k TTM revenue",
      "values": "more than 11,900",
      "period": "As of September 30, 2026; subsequent disclosure",
      "source_location": "Prospectus summary, p. 9",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "RSU unrecognized compensation expense",
      "values": 26.6,
      "period": "As of June 30, 2026, USD billions; not Q2 expense",
      "source_location": "MD&A stock compensation, p. 174",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "RSU unrecognized expense with fully/partly satisfied service condition",
      "values": 2.9,
      "period": "As of June 30, 2026, USD billions; not final IPO charge",
      "source_location": "MD&A stock compensation, p. 174",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "CSP marketplace share of revenue",
      "values": 48,
      "period": "H1 2026, percent, approximate",
      "source_location": "Risk factors, p. 57; Note 1",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "CSP marketplace share of receivables",
      "values": 58,
      "period": "As of June 30, 2026, percent",
      "source_location": "Risk factors, p. 57; Note 1",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Amended revolving credit facility commitment",
      "values": 15,
      "period": "September 2026, USD billions; subsequent event, not June cash",
      "source_location": "MD&A, p. 163",
      "verification": "Matched filing text; column periods reviewed",
      "source_url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm"
    },
    {
      "metric": "Q2 revenue growth QoQ percent",
      "value": 144.2401183682097,
      "formula": "(11555/4731-1)*100",
      "verification": "ECI calculation using verified filing inputs; not company guidance"
    },
    {
      "metric": "Q2 revenue growth YoY percent",
      "value": 1368.2337992376113,
      "formula": "(11555/787-1)*100",
      "verification": "ECI calculation using verified filing inputs; not company guidance"
    },
    {
      "metric": "Q2 GAAP operating margin percent",
      "value": 8.429251406317611,
      "formula": "974/11555*100",
      "verification": "ECI calculation using verified filing inputs; not company guidance"
    },
    {
      "metric": "Q2 adjusted operating margin percent",
      "value": 19.34227607096495,
      "formula": "2235/11555*100",
      "verification": "ECI calculation using verified filing inputs; not company guidance"
    },
    {
      "metric": "Q1 compute/revenue percent",
      "value": 71.59162967660114,
      "formula": "3387/4731*100",
      "verification": "ECI calculation using verified filing inputs; not company guidance"
    },
    {
      "metric": "Q2 compute/revenue percent",
      "value": 48.10038944180008,
      "formula": "5558/11555*100",
      "verification": "ECI calculation using verified filing inputs; not company guidance"
    },
    {
      "metric": "H1 gross margin from functional allocation percent",
      "value": 85.38622129436325,
      "formula": "(16286-2380)/16286*100",
      "verification": "ECI calculation using verified filing inputs; not company guidance"
    },
    {
      "metric": "June cash plus short-term investments USD millions",
      "value": 131651,
      "formula": "112389+19262",
      "verification": "ECI calculation using verified filing inputs; not company guidance"
    },
    {
      "metric": "Expected recognition of June RPO USD billions",
      "value": 8.100000000000001,
      "formula": "10.8*0.75",
      "verification": "ECI calculation using verified filing inputs; not company guidance"
    }
  ],
  "second_review": {
    "date": "2026-10-27",
    "result": "Headline amounts and Q2/H1 arithmetic confirmed. Material context and accountability framing revised.",
    "narrative_checks": [
      {
        "topic": "Near-term short-term compute margin compression",
        "normalized_source_character_offset": 609305,
        "verification": "Source narrative matched; paraphrased in revised review"
      },
      {
        "topic": "Conditional new-capacity margin pressure",
        "normalized_source_character_offset": 608647,
        "verification": "Source narrative matched; paraphrased in revised review"
      },
      {
        "topic": "IPO RSU recognition context",
        "normalized_source_character_offset": 755855,
        "verification": "Source narrative matched; paraphrased in revised review"
      },
      {
        "topic": "Potential further cash restrictions",
        "normalized_source_character_offset": 1445534,
        "verification": "Source narrative matched; paraphrased in revised review"
      },
      {
        "topic": "Lease terms",
        "normalized_source_character_offset": 1443255,
        "verification": "Source narrative matched; paraphrased in revised review"
      },
      {
        "topic": "Compute purchase duration",
        "normalized_source_character_offset": 1517790,
        "verification": "Source narrative matched; paraphrased in revised review"
      },
      {
        "topic": "Cash flow timing",
        "normalized_source_character_offset": 734139,
        "verification": "Source narrative matched; paraphrased in revised review"
      },
      {
        "topic": "Revenue principal accounting",
        "normalized_source_character_offset": 1398741,
        "verification": "Source narrative matched; paraphrased in revised review"
      }
    ]
  }
}